Introduction - 94th Legislature (2025 - 2026)
Posted on 03/28/2025 10:12 a.m.
A bill for an act
relating to finance; eliminating statutory authority for state agencies to retain grant
amounts for administrative costs; repealing Minnesota Statutes 2024, section
16B.98, subdivision 14.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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Minnesota Statutes 2024, section 16B.98, subdivision 14,
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is repealed.
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Repealed Minnesota Statutes: 25-05146
Unless amounts are otherwise appropriated for administrative costs, a state agency may retain up to five percent of the amount appropriated to the agency for grants enacted by the legislature and formula grants and up to ten percent for competitively awarded grants. This subdivision applies to appropriations made for new grant programs enacted on or after July 1, 2023. This subdivision does not apply to grants funded with an appropriation of proceeds from the sale of state general obligation bonds.